India is a major producer and exporter of Medicine, thus starting a medicine & wellness direct selling business in India is a very profitable business option. Medicine making business is a type of business that ensures the owner good returns with low investment. Also, anyone can start this business; even a home-based medicine business for housewives and students is very profitable as it provides the best work from home direct selling opportunity in India.
Through cost-effective manufacturing capabilities and a few loyal customers, the company also entered the high-margin specialty generic formulations segment. Today WFFMM Pharma has evolved into a knowledge-driven health and wellness direct selling company manufacturing active pharmaceutical ingredients and formulation products. It is R&D focused and has a multi-product portfolio with manufacturing facilities across India, offering great income potential for future leaders in direct selling.
India is the world’s largest producer and exporter of Medicine; therefore, it is known as the ‘Land of Medicine’. As per statistics, an estimate of 5.8 million of Medicine was exported from India in the year 2012-13, with syrup and Medicine being the top exported. India is amongst the top importers of these medicines in terms of value. Additionally, as per the data, the value of export to the country was Rs. 2115 crore and Rs. 2019 crore respectively. Today, the increasing market needs are also generating enough opportunities for the direct selling business for women, college students, and aspiring entrepreneurs who want to become direct selling leaders in India.
Regardless of the fact that your business is small-scale or large-scale, you have to get these registrations and licenses;